Which 1989 U.S. market event saw the Dow Jones fall 190.58 points on October 13?

The 1989 U.S. market event in which the Dow Jones fell 190.58 points was called the Friday the 13th mini-crash.

The decline occurred on Friday, October 13, 1989, after investors reacted to the collapse of a proposed leveraged buyout of United Airlines’ parent company. The Dow Jones Industrial Average fell 190.58 points, or about 6.9%, in one session.

The fall was severe but short-lived compared with the 1987 crash. The broader market did not enter the same kind of extended collapse, and the episode became known as a mini-crash because of its size and limited duration.

The event is also called the October 13, 1989, mini-crash. It should not be confused with the 1987 Black Monday crash, the 1962 Kennedy Slide, or the 2010 Flash Crash; those were separate U.S. market episodes with different triggers and market behavior.